Energy resources are an essential element of the world's business, political, technical and environmental landscapes. Analytic tools provided by the discipline of economics expand our understanding of this critical issue. This course will review energy-supply markets, including both fossil fuels and renewable resources. Energy demand sectors will include residential, commercial, industrial and transportation. Electricity represents an intermediate energy market. The interactions among market participants indicate how scarce resources are allocated among competing needs in the world economy.

Questions this course will explore include:

Which direction are gasoline prices headed?

What are the prospects for wind, solar and nuclear electricity to grow?